Woodside Petroleum Limited
(ASX:WPL) has revealed a gas discovery at the Pyxis-1 exploration well in production licence WA-34-L within Western Australia’s Dampier Sub-Basin.
The oil and gas producer says the licence is located within about 15 kilometres north of the company’s producing Pluto Gas Field infrastructure.
Woodside believes the exploration outcome offers future tie-back potential to the company’s existing Pluto infrastructure.
The well reached a total depth of 3,347 metres and intersected about 18.5 metres of net gas within the Jurassic sandstone target.
Woodside Petroleum reported a net profit of $3.06 billion over the full 2014 calendar year.
